Insider Buying: Xeros Technology Group plc (LON:XSG) Insider Acquires £16,000 in Stock

Xeros Technology Group plc (LON:XSG) insider David Armfield bought 1,600,000 shares of the stock in a transaction dated Tuesday, February 11th. The stock was purchased at an average price of GBX 1 ($0.01) per share, with a total value of £16,000 ($20,108.08).

Xeros Technology Group Price Performance

Xeros Technology Group stock opened at GBX 1.37 ($0.02) on Friday. Xeros Technology Group plc has a 12-month low of GBX 0.33 ($0.00) and a 12-month high of GBX 4 ($0.05). The firm has a 50-day moving average price of GBX 0.49 and a 200-day moving average price of GBX 0.67. The firm has a market capitalization of £6.48 million, a PE ratio of -0.95 and a beta of 1.27. The company has a current ratio of 7.62, a quick ratio of 3.05 and a debt-to-equity ratio of 13.93.

About Xeros Technology Group

Xeros Technology plc has developed patented and proven, industry-leading technologies which reduce the environmental impact of how industries make and care for clothes.

The traditional wet processing methods used in industrial and domestic laundry and garment manufacturing consume billions of litres of fresh water and large amounts of energy and chemicals, as well as damaging and weakening clothing fibres and creating rising levels of environmental pollution.